“Backup Plans For Your Socialized
Medicine Career?”

Smart to have medical practice options when the time comes.

Think in terms of alternative income, not
alternative medicine. Any doctor with a two-lobe
brain can hear the railroaded socialized medicine
train coming down the tracks. Of course, if you
believe in miracles, your mind may have a sense of
peace... waiting to see if one shows up.

So, what plans have you made for backup
income when the “fit hits the shan” and you are
herded into the pasture of healthcare providers
where your status of “physician” is no different
from that of any mid-level healthcare provider?
Sound cynical? Is there any reason to
believe differently?

Let’s look at a few ideas about the cure for
a fading income problem all doctors already have,
and will certainly get much worse.

1.Active income... You work harder and
longer and make
more money. It’s what you’re doing
right now.

2.Passive income... Where you keep
earning income without working. It’s what everyone
needs, but rarely does anything about it.

3.Alternative income... You work hard
doing something other than the practice of
income. In other words, you get a new career.

4.Parallel or blended income... Where
you earn passive or active income while you
continue with your practice. Say, two jobs.

Logically, if you work two jobs, you can earn
a larger income. But, how long are you able to
tolerate that schedule? Or, face complete
burnout?

If you are an employed physician you must
already be aware of pension plans disappearing
overnight. Assuming you would like to retire some
day, you may not even be able to get social
security checks.

I hate to mention it, but, in the new era of
socialized government run healthcare, increased
control and restriction of your office fees, and
outrageous malpractice premiums do you honestly
believe you will be able to fund a retirement
plan, send your kids to college, or lay claim to a
professional lifestyle?

Proposals for increasing your income to
consider while stuck in this hole...

If you are just starting
your medical practice, it would not only
be smart to, at the same time, be
investing time and money in the
development of resources outside of
healthcare for earning passive income.

If you have a passion,
hobby, special interest you have always
been dabbling in for years, expand it into
a money making business immediately.

Encourage you children to
think in business terms about
everything. Teach them responsibility and
finances. Have them begin an Internet
business as a teenager … even as an adult.

Have your spouse start an
Internet business immediately so that ten
years from now you will have a nice
multiple stream of passive income
in the
works.

Re-train in a more income
productive medical or surgical specialty
if you can overcome your inertia and step
out of your comfort zone.

Marketing your medical
practice, pedal to the metal, NOW.

If you are not Internet, marketing, and
online business savvy now, or never intend to
accomplish these essentials, you will not be in
your business
long... plan on it!

Within 10 years, 90% of all business will be
done over the Internet, including the medical
practice business (not medical practice). Every
expert in business predictions says so.

The
experts also say, if you believe them, multiple
streams of income is the only realistic means of
surviving drastic changes in our economy as well
as radical changes in the healthcare system. It
makes financial sense. After all, diversity in
the stock market has been advised for decades for
the
same reasons.

It’s time to get
serious about protecting your medical practice business!

Asyour mindscanned through
the income proposals above you probably noticed
you would never consider several of these
options. Some because of your inability to fully
understand what is possible and can be done—it’s
just the decision to do it that holds you up.
Others, because of your resistance to change
anything is so extreme (locked into the mediocre
acceptance tradition).

Every successful business owner, business
coach, or business consultant will tell you that
success involves more than just struggling against
the odds. It involves your inner-self changes
that must be made far more than external pushing.
Your “self image” is a critical part of it.

Please obtain the book “The New
Psycho-cybernetics” by Maxwell Maltz, M.D.,
plastic surgeon, and you will quickly begin to
understand that you have the power and means to
change anything in your life. This classic has
changed millions of
lives already.

What to do immediately…

even when and if
the Healthcare Socialized Medicine law is never repealed...
(It ain’t over yet!)

Make every attempt, whatever it
takes, to begin marketing your medical
practice—learn and do. Hire someone to help you, even us. Or
do it yourself.

Become computer literate, if
you’re not already.

Become Internet literate, how
to use it and find things.

Learn enough about
Internet small business to start one
yourself,
even if it is a part-time fun thing to do, or
just a
hobby.
You’ll get hooked.

Incite your kids into starting
an internet business. Many
teenagers are
already earning a living on the
Internet
... a fact! They might get to the point
they don’t need a
college education to be
successful. You might even avoid
having to
pay for a college education as well.

It’s
amazing how many college students have such an
income producing Internet business going they
quit college and earn much more than most
college graduates
ever earn.

COMMENT

Any physician who intends to stay in
medical practice should make it a
priority today to set some marketing and
financial goals which can be worked on for years to come. The longer you do it
the easier it gets. I can tell you that it’s
considerably easier than memorizing all the
origins and insertions of every muscle in the
human body.

The author, Curt Graham, is a highly experienced business and
marketing expert, copywriter, and entrepreneur who has been published in various
media over 50 years while in medical practice and after.